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. >>> in the fiscal battle with democrats and the obama white house. first read then asks, what does a smart poker player usually do when holding a bad hand? you fold to live another day. nbc news senior political editor mark murray, a gambler as i hear. you're a texan. we all gamble. what would be the next logical hand? because it seems today a lot of republicans are saying let's get the bush tax cut issue dealt with and then wait until next year and would that be something that the democrats and the president would embrace? >> well, this is all about gaining maximum leverage and the better leverage of republicans right now to delay the bigger battle in to february when the debt ceiling would have to be increased. as youç mentioned, essentially acquiesing to the democrats and the white house for those making $250,000 and less and let's have the bigger battle when it comes to raising the debt ceiling. president obama essentially today said he's not willing to play that game. noting what happened in 2011 with the u.s. hurting its credit rating, just t
. >>> in the fiscal battle with democrats and the obama white house. first read then asks, what does a smart poker player usually do when holding a bad hand? you fold to live another day. nbc news senior political editor mark murray, a gambler as i hear. you're a texan. we all gamble. what would be the next logical hand? because it seems today a lot of republicans are saying let's get the bush tax cut issue dealt with and then wait until next year and would that be something that the...
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according to this report, the chief offender of that left wing bias is none other than abc news. yes, it turns out that in the three weeks following the election the net woul network cd obama's favorite issue which is raising taxes 17 times more than spending cuts, and all told, 10 minutes and 18 seconds were devoted to taxes. compared to a whopping 35 seconds of air time on house spending cuts might be a useful tool in actually tackling our debt. not surprisingly, that trend was-mile-an-hou mirrored all across the major networks. here with reaction to that report and obama's parent indifference to the approaching so-called fist colorad fist fisk stein. welcome to hannity. >> great to be with you, sir. >> i'm getting the feeling more and more every day. he wants to humiliate the republicans. >> i this is an opportunity to drive a stake through the republican party. i think his strategy all along, i said this in my book, so it's weird to see it coming true so literally is to establish 25% of gdp as the new baseline for federal spending. he needs everybody's taxes to go up, not jus
according to this report, the chief offender of that left wing bias is none other than abc news. yes, it turns out that in the three weeks following the election the net woul network cd obama's favorite issue which is raising taxes 17 times more than spending cuts, and all told, 10 minutes and 18 seconds were devoted to taxes. compared to a whopping 35 seconds of air time on house spending cuts might be a useful tool in actually tackling our debt. not surprisingly, that trend was-mile-an-hou...
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in the new year, taxes go up on everyone unless washington takes action. the government needs more money. president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax rates for everyone. instead they'd raise money only by limits deductions and closing loopholes. speaker boehner says this will raise $800 billion over ten years. >> america faces a serious problem. our goal is to make sure it gets solved. >> step two, avoiding the drastic spending cuts that begin on january 1st, the so-called sequester. both sides want to find savings in medicare, but disagree about how to do it. >> we need a responsible white house. we can't sit here and negotiate with ourselves. >> and step three? the debt limit. >> i will not play that game. >> because we've
in the new year, taxes go up on everyone unless washington takes action. the government needs more money. president obama wants to get some of it from the top 2% of wage earners. he wants to raise their tax rate and limit how much they can deduct. the white house says this will bring in $1.6 trillion over ten years. >> that's what the american people have voted for. >> republicans say they'll agree to bring in more money, but not by raising tax rates. in fact, they want to lower tax...
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. >>> word is that elizabeth warren, the brand-new senator-elect from massachusetts is angling to be appointed to the senate banking committee. i hope that happens. the consumer crusader is just what the committee needs. she was president obama's pick to run the newly created consumer finance protection bureau, which she designed, but republican senators on capitol hill refused to even consider confirming her. instead, they did their best to drive her out of town. >> so it has gone beyond your advice to treasury, you're also providing advice to other governmental agencies? >> congressman -- >> i understand, you can use the word congressman a number of times, miss warren, i'm simply asking a very simple question. >> is there a duty to educate yourself, yes or no? >> i believe that an empowered consumer is a consumer who cannot only protect himself or herself, but one who can change the market. >> mr. chairman, i give up. >> well, warren left washington, but not for long. after president obama took her out of the running for the job, she went back to massachusetts, ran for senate, and
. >>> word is that elizabeth warren, the brand-new senator-elect from massachusetts is angling to be appointed to the senate banking committee. i hope that happens. the consumer crusader is just what the committee needs. she was president obama's pick to run the newly created consumer finance protection bureau, which she designed, but republican senators on capitol hill refused to even consider confirming her. instead, they did their best to drive her out of town. >> so it has...
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to be president obama's next ambassador to france or to britain. she helped raise hundreds of thousands of dollars for his re-election. so what might happen when high fashion meets high-wire diplomacy? abc's david wright. >> reporter: she's a woman renowned for exquisite taste and withering looks. the inspiration for meryl streep's character in "the devil wears prada." >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no, that wasn't a question. >> reporter: a portrayal anna wintour may not have enjoyed, but she told barbara walters she respected it. >> did you recognize any part of yourself? >> well, i'm a very decisive person, so if meryl seemed somewhat strong, i respect that. >> reporter: she is the single most powerful woman in the fashion industry. her influence felt not just on the runway but in the shopping malls too. as the documentary "the september issue" revealed, the editor of "vogue" doesn't mince words. >> i feel it's quite one-dimensional. >> reporter: she raised millions for the president's re
to be president obama's next ambassador to france or to britain. she helped raise hundreds of thousands of dollars for his re-election. so what might happen when high fashion meets high-wire diplomacy? abc's david wright. >> reporter: she's a woman renowned for exquisite taste and withering looks. the inspiration for meryl streep's character in "the devil wears prada." >> you have no style or sense of fashion. >> i think that depends on what your -- >> no, no,...
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it's all thanks to obama care. diane macedo explains. >>> it's not your imagination who you food you denied yoursel really tastes better. we will tell you why. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >> 43 minutes after the top of the hour. headlines overseas. first to egypt. president morsi return to go his palace after fleeing yesterday. police and more than 1,000 protestors clashing outside. they are outraged over the ower grab. more than 200 are dead and hundreds are missing after a powerful typhoon hit the country. the storm caused flash flooding and triggered land slides destroying hundreds of homes. rescuers are trying to reach isolated communities to help survivors. patti ann. >> this may not be very good for your health. 159 page
it's all thanks to obama care. diane macedo explains. >>> it's not your imagination who you food you denied yoursel really tastes better. we will tell you why. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>...
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investors welcomed the news on wall street. you can seat huge jump at the start of the day and citigroup stock has been climbing ever since. >> president obama will soon ask congress for tens of billions to help super storm sandy victims. but even that may not be enough to repair the damage done. the latest on fema's money problems. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a customer. oh...sorry about that. [ male announcer ] break from the holiday stress. fedex office. >>trace: the young girl whose mother pulled her out of a hospital cancer ward is getting treatment in mexico, that is what the father tells nbc news. here is the surveillance video from last week. police say that is the mother and daughter walking right out of the hospital in phoenix. with equipment still inside the girl's heart. her name is employ. she is 11. her father now tells nbc that she is doing well, and he blames the arizona hospital for an
investors welcomed the news on wall street. you can seat huge jump at the start of the day and citigroup stock has been climbing ever since. >> president obama will soon ask congress for tens of billions to help super storm sandy victims. but even that may not be enough to repair the damage done. the latest on fema's money problems. having you ship my gifts couldn't be easier. well, having a ton of locations doesn't hurt. and a santa to boot! [ chuckles ] right, baby. oh, sir. that is a...
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president obama blaming cable news for the ambassador's problem. what do you think about that? go to gretawire.com. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months, and keeps it clearer up to 9 months. [ male announcer ] because enbrel®, etanercept, suppresses your immune system, it may lower your ability to fight infections. serious, sometimes fatal, events including infections, tuberculosis, lymphoma, other cancers, and nervous system and blood disorders have occurred. before starting enbrel, your doctor should test you for tuberculosis and discuss whether you've been to a region where certain fungal infections are common. don't start enbrel if you have an infection like the flu. tell your doctor if you're prone to infections, have cuts or sores, ha
president obama blaming cable news for the ambassador's problem. what do you think about that? go to gretawire.com. i had enough of feeling embarrassed about my skin. [ designer ] enough of just covering up my moderate to severe plaque psoriasis. i decided enough is enough. ♪ [ spa lady ] i started enbrel. it's clinically proven to provide clearer skin. [ rv guy ] enbrel may not work for everyone -- and may not clear you completely, but for many, it gets skin clearer fast, within 2 months,...
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Dec 5, 2012
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president obama blaming cable news for the ambassador's problem. what do you think about that? go to gretawire.com. we're back in ninety seconds. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. you can stay in and share something... ♪ ♪ ...or you can get out there with your friends and actually share something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> greta: a california teachers union produces a shocking video. a 60 seconds. ainsley has the headlines. the senate passed a sweeping defense bill but far from a done deal. the $631 billion measure calls for a speedy withdrawal o
president obama blaming cable news for the ambassador's problem. what do you think about that? go to gretawire.com. we're back in ninety seconds. impact wool exports from new zealand, textile production in spain, and the use of medical technology in the u.s.? at t. rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. ro price. invest with confidence. request a prospectus or summary...
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new details ahead. tracy: new your againsy on the fiscal cliff. speaker boehner is demanding a face-to-face meeting with president obama and the pentagon is preparing for the worst. >> it could take a week to clear out the backlog of ships. we're live at the port of los angeles straight ahead. tracy: time for stocks as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. it has been a wild ride. a lot of it has to do with apple, right? >> the big picture, markets are higher. apple has come under pressure. let's look at the major market averages. the dow is up triple digits, completely erasing losses over last couple days. posting a gain for the week. tech-heavy nasdaq pom cost it is moving to the because weighed down by apple. research and findings have found that apple faces intense competition in the tablet market for ipad and ipad mini and probably will lose market share to android and even microsoft systems. you're seeing apple down 28, almost 29 bucks. a terrible day if you're a shareholder hoping to get to t
new details ahead. tracy: new your againsy on the fiscal cliff. speaker boehner is demanding a face-to-face meeting with president obama and the pentagon is preparing for the worst. >> it could take a week to clear out the backlog of ships. we're live at the port of los angeles straight ahead. tracy: time for stocks as we do every 15 minutes. nicole petallides on the floor of the new york stock exchange. it has been a wild ride. a lot of it has to do with apple, right? >> the big...
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there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk defaulting on the country's loans. >> that is a bad strategy for america. it's a bad strategy for your businesses. and it is not a game that i will play. >> reporter: republicans are pushing back. >> he's the president, not the emperorer. >> reporter: fiscal cliff negotiations have been at a stand still since monday when republicans proposed raising revenue by closing tax loopholes, not by raising rates on the rich as the president has insisted. >> we're not insisting rates just out of spite, but rather because we need to raise a certain amount of revenue. >> we can't just keep borrowing money, raising tax
there are new concerns about what could happen to the country's credit rating in the new year. each day toward the fiscal cliff is also another day closer to the country maxing out on its borrowing limit. president obama talked to business leaders today. >> the only thing that the debt ceiling is good for as a weapon is to destroy your credit rating. >> reporter: he's worried republicans may re newsto raise the country's debt ceiling to get their way on spending cuts and risk...
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according to a new "washington post"/abc news poll 57% would support clinton to succeed president obama. 37% would not. ted nugent weighs in on the fiscal cliff fiasco something he said we drove off a long time ago. he writes in "the washington times" social security, medicaid and medicare spending needs to be slaughtered and let's stop the insanity of the right to vote of any american on welfare. once they get off well taer and are self-sustaining they get their right restored. no american on welfare should have the right to vote for tax increases on those americans working and paying taxes to support them. >>> and "the daily show's" jon stewart says maybe we should go off the fiscal cliff. >> back and forth of offers. it's pretty clear the republicans aren't going to come to the table with anything reasonable. i'll be the one to say it, i know it will be disastrous and doom our economy for years to come, let's go over the [ bleep ] cliff. fine. just leave the negotiating tables and send us over the cliff. you know why? at least for a few seconds, it will feel like we're flying. >> all
according to a new "washington post"/abc news poll 57% would support clinton to succeed president obama. 37% would not. ted nugent weighs in on the fiscal cliff fiasco something he said we drove off a long time ago. he writes in "the washington times" social security, medicaid and medicare spending needs to be slaughtered and let's stop the insanity of the right to vote of any american on welfare. once they get off well taer and are self-sustaining they get their right...
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that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going on publicly. >> reporter: there is no plan at this time for congressional leaders to meet with the president at the white house, and it doesn't sound like he's sending out invitations any time soon. >> i don't think that the issue right now has to do with sitting in a room. >> reporter: earlier, the president met with the bipartisan group of governors. >> we understand this will be a shared sacrifice, you have to look at spending cuts. states are willing to do more with less. >> the governors didn't endorse a specific proposal, not the white house version or the house republican version, but they did say that something must b
that includes $1.2 trillion in spending cuts and $800 billion in new tax revenue, but here's the key. no rate increases in the top 2% of taxpayers. that's non-negotiable for president obama. >> we're not going to be able to got a deal without it. >> reporter: the white house says the republicans' math just doesn't add up. >> it's magic beans and fairy dust. >> reporter: negotiations have reached a stalemate. >> there's nothing going on privately that is not going...
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bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal matters. martha? martha: meanwhile, there are new evacuations that have been ordered in a community where a train carrying toxic chemicals derailed nearly a week ago. 100 families told they have to leave their homes in new jersey near philadelphia. they have to play it safe until the last of the hazard does gas is removed. >> what we'll do we'll pump liquid in that dissolves the vinyl chloride. we'll pump that liquid back out into the highway truck. we have a derailment of hazardous of materials over and in a waterway and a community adjacent to it, right next to it. martha: the rail line is paying for
bill: president obama will sit down with the nation's top ceos in washington today for new talks on how to avoid the fiscal cliff. the president plans to deliver remarks and answer questions during a meeting of a business roundtable. critics say the president will call on business leaders to press lawmakers about raising the debt ceiling. while that is happening we expect to hear from house speaker john boehner any moment right now on the hill for the latest on what's happening on fiscal...
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we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be getting involved to respond to the republican offering. he claims that the republican offer was balanced, and because republicans cannot just sit there and negotiate with themselves. here's more from the top republican leaders a short time ago. >> i will be here and i will be available at any moment. so, the president and get serious about solving this problem. reporter: they asked the president sit down so we can stop wasteful spending in washington. on the democratic side, there is emphasis that congress should pass the middle-class tax
we do pretty big news from citigroup. republican leaders calling on obama to sit down for a face-to-face negotiation on the fiscal cliff. this is just weeks ago before the deadline. right now, as you know, there is still no deal. those sites are still hundreds of billions of dollars apart. mike emanuel has more. reporter: hello, jenna. speaker john boehner says the republicans made a good-faith effort to avert a fiscal crisis. they say essentially this is now time for the president to be...
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you'll see that obama is at $3.4 trillion. when you score this honestly boehner at $3.6 billion and simpson-bowles. >> explain the difference between what you saw in the initial news reports on the boehner plan. keep this chart up, control room. i read $2.2 trillion plan by boehner. you say $3.6 trillion. >> do you want to spend the next -- >> no, i really don't. >> why not? >> so to make it simple, it has to do what you count. the biggest difference is the budget control act. the $900 billion cuts, we budget guys count as part of the package. >> sequestration? >> no, telephones the first deal they did. we count then and then there are interest savings. i think this is the way i like to think about it. apples to apples. >> the third chart. >> the last chart shows you how it breaks down. the obama plan has half from tax increases versus about 20% in the boehner plan. these are philosophical differences. boehner would cut much more. obama's view is we've cut so much from that already we have to be careful how much more we cut. >
you'll see that obama is at $3.4 trillion. when you score this honestly boehner at $3.6 billion and simpson-bowles. >> explain the difference between what you saw in the initial news reports on the boehner plan. keep this chart up, control room. i read $2.2 trillion plan by boehner. you say $3.6 trillion. >> do you want to spend the next -- >> no, i really don't. >> why not? >> so to make it simple, it has to do what you count. the biggest difference is the budget...